Course content

Each student needs, in agreement with his or her supervisor, to choose 2 of the following small theory courses (3.75 ECTS each). At least one of TIØ5 and TIØ6 need to be chosen.
- TIØ5 Optimization in Transport and Process Production (Bjørn Nygreen).
- TIØ6 Planning and Economical Analysis in Supply Chains (Asgeir Tomasgard).
If an agreement exists with the course coordinator about the exam, and the supervisor agrees, the following courses may also be chosen:
- TMR8 Fleet Scheduling and Supply Chains (Kjetil Fagerholt).
- ELK-15 Hydro Power Scheduling (Gerard Doorman).
- TIØ1 Financial Engineering in Energy Markets(Sjur Westgaard).
- TIØ3 Market, Economics and Planning for Telecom- and Information Services (Josip Zoric and Alexei Gaivoronski).
- TIØ24 Research Methods (Roger Klev).
- TIØ29 Risk Management in Financial- and Commodity Markets (Sjur Westgaard).

Learning outcome

The course will aim to increase the student theoretical knowledge needed for doing both practical and theoretical work connected to economical analysis or optimization in industrial settings.

Learning methods and activities

The small courses may consist of lectures and seminars. The re-sit exam for the small courses is arranged by the end of the same exam period as the ordinary exam.

Required previous knowledge

The students must take TIØ4500 Managerial Economics and Operations Research, Specialization Project at the same time as they take this course. Each student need to have the following courses taken in the fourth year: TIØ4130 Optimization Methods and at least TIØ4150 Industrial Optimization and TIØ4285 Production- and Network Economics.

Credit reductions